INDIAN ECONOMY QUIZ

The Foreign Exchange Management Act(FEMA) was passed in:

the year 2000

the year 1999

the year 2002

the year 2005

TRUE ANSWER : ?
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Deficit financing leads to inflation in general, but it can be checked if

all the expenditure is denoted national debt payment only

only aggregate demand is increased

government expenditure leads to increase in the aggregate supply in ratio of aggregate demand

All of the listed here

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YOUR ANSWER : ?

The first multi–purpose river valley project of independent India is:

Hirakud

Bhakra-Nangal

Damodar

Nagarjunasagar

TRUE ANSWER : ?
YOUR ANSWER : ?

Who gave the call for Evergreen Revolution?

Tribhuvandas Patel

M. S. Swaminathan

H. M. Dalaya

Verghese Kurien

TRUE ANSWER : ?
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Whose name is associated with formulation of planning strategy in Second five Year plan?

Mahatma Gandhi

Jawahar Lal Nehru

R. Shenoy

Prasanta Chandra Mahalanobis

TRUE ANSWER : ?
YOUR ANSWER : ?

Which state of India ranks first in milk production as per the data of the year 2009-10?

West Bengal

Uttar Pradesh

Jharkhand

Bihar

TRUE ANSWER : ?
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The Indian state which was the first to release state level Human Development Report in 1995 was:

Tamil Nadu

Madhya Pradesh

Maharashtra

Kerala

TRUE ANSWER : ?
YOUR ANSWER : ?

Subsidies mean

payment by government for purchase of goods and services

payment made by business enterprises to factors of production

payment made by companies to shareholders

payment made by the government to business enterprises, without buying any goods and services

TRUE ANSWER : ?
YOUR ANSWER : ?

Navaratna Status is concerned with:

Public Sector Companies

Private Sector Companies

Both A and B

None of these

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States earn maximum revenue through

commercial taxes

excise duties on intoxicants

commercial taxes

land revenue

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YOUR ANSWER : ?